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Feliz Nochebuena; Happy Christmas Eve! As readers of this blog may know, I have long been fascinated with Ronald Coase’s counter-intuitive insight that harms are a “reciprocal” problem. What you may not know, however, is that this simple idea has … Continue reading →

I mentioned in a previous post that my latest work-in-progress “Coase’s fable” is a follow-up to two previous papers I wrote, one titled “Coase’s parable”; the other, “Modelling the Coase Theorem.” Now, as a follow-up to my follow-up (!), I … Continue reading →

Interview with Tyler Cowen, prolific author, globetrotter, and “information monster” extraordinaire. Interview with Alex Guerrero, political theorist and author of Lottocracy (pictured below). Interview with Timothy Snyder, the professor who cried wolf.

That is the title of the paper, available here via SSRN, that I will be presenting this weekend at the Winter Institute for the History and Philosophy of Economics at the University of Austin (UATX). My paper is an updated … Continue reading →

This weekend, I will be attending and presenting my work on Ronald Coase, who is considered the founder of “law & economics,” at the Winter Institute for the History and Philosophy of Economics at the University of Austin (UATX), a … Continue reading →

How do our Anglo-American common law principles inform social contract theory? Would any of the three fictional social contracts of Hobbes, Locke, or Rousseau, for example, be enforceable from a purely legal perspective? Recall from my previous post the four … Continue reading →

Is the so-called “social contract” of social contract theory a valid or legally-enforceable agreement? At common law, the four key elements of a contract are as follows: Offer & Acceptance (Mutual Assent): A clear proposal by one party (offeror) and an unconditional agreement … Continue reading →

This past weekend I concluded my series on the paradox of politics, which I began in October of this year. Among the many political theorists we surveyed were Thomas Hobbes, John Locke, and Jean-Jacque Rousseau, all of whom are deservedly … Continue reading →

Shout out to my youngest daughter, Adys, for introducing me to Laufey’s music!